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Occam Networks Opens Third R&D Center in Petaluma

Company to Add Hardware and Software Engineers to Drive Development Of Innovative Broadband Access Solutions

SANTA BARBARA, Calif., Oct. 25, 2001 - Occam Network, Inc., developer of scalable, cost-effective, packet-based voice and broadband local loop solutions, today announced the opening of its third research and development center located at 1318 Redwood Way in Petaluma, Calif.
The new facility houses a team of hardware and software engineers focused on developing the company's Broadband Loop Carriers, a new category of local loop product that integrates the functionality of a Digital Loop Carrier (DLC), a DSL Access Multiplexer (DSLAM), and a media gateway into a single environmentally hardened compact platform that can be easily located in remote terminals.

"Occam selected Petaluma, the heart of the Telecom Valley, because it is a hotbed of telecommunications activity," said Kumar Shah, Occam president and CEO. "There is a large, experienced talent pool from which we can draw, enabling us to accommodate the rapid growth we have projected."

Ali Taslimi, senior director of engineering and general manager, heads the new R&D facility. The company is actively recruiting hardware and software engineers for the Petaluma R&D center. Interested parties may submit resumes to Occam via email at jobs@occamnetworks.com or via fax at +1 805.692.6739.

About Occam Networks
Occam Networks, Inc. develops and markets a suite of Broadband Loop Carriers, cost-effective, next-generation access platforms that enable Incumbent Local Exchange Carriers (ILECs) to overcome the limitations of today's local loop to profitably deliver a variety of traditional and packet voice, broadband and IP services. Privately held Occam Networks was founded in 1999. Since its inception, the company has received approximately $41 million in financing from private investors, including US Venture Partners, New Enterprise Associates, Norwest Venture Partners, and The Anschutz Group. The company is headquartered in Santa Barbara, Calif. Additional information about the company can be found at www.occamnetworks.com.



Press Contacts:
Daphne Page Director, Corporate Communications Occam Networks, Inc.
805-692-2919
dpage@occamnetworks.com

Derek FayConnect Public Relations
801-373-7888
derekf@connectpr.com